The deadline for the initial report for companies created prior to January 1, 2024 is December 31, 2024. For companies created on, or after, January 1, 2024; the deadline for the initial report is 90 days from formation. Upon any changes to the information requested about the business or its beneficial owners (including things as simple as change of address), the Company has 30 days to file an updated report with FinCEN. Fines for missing the deadline are $500 for each day the report is late.